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April 30, 2016
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LOS ANGELES COUNTY NEWS
Archive
1  ...  46  | 47  | 48  | 49  | 50  |  51  | 52  | 53  | 54  | 55  ...  146
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• Portfolio of Palmdale Homes Financed With Multiple Loans Refinanced with New $23 Mil Long-Term Loan
8/13/13
Dennis Cisterna and Gabe Weinert, Senior Vice Presidents in Johnson Capital’s Los Angeles office have arranged a $23.2 mil long-term loan to refinance several loans secured by a portfolio of 215 single-family homes in Palmdal...
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• Industrial Income Trust Acquires 151k sf LA-Area Industrial Facility
8/13/13
In a sizable LA-area industrial sale, a 151.8k sf facility in the city of Compton was purchased by Industrial Income Trust (IIT). The building is located at 1200 W. Artesia Blvd, east of Central Ave adjacent to the south side...
Price: $4.99
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• Upscale Pasadena Retail Asset Acquired by Private Investor
8/09/13
The Shops on Lake Avenue, a 131.2k sf upscale retail center in Pasadena, recently traded hands. Located at 345-355 South Lake Ave, in the city’s South Lake Shopping District, the property was sold to Merlone Geier a Californi...
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• Chinese Investors Like My Big Fat Greek Restaurant
8/09/13
Two free-standing, single-tenant retail properties in SoCal that are occupied by My Big Fat Greek Restaurant traded hands in deals totaling $3.7 mil. The properties, located in Temecula and LaVerne, were sold in a pre-sale st...
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• Downtown LA Parking Lot Sold and Will Be Developed into Mixed-Use Project
8/08/13
In recent development news in downtown Los Angeles, Urban Village Development Company LLC purchased a 1.2k sf parking lot for $4.6 mil. The property, located at 1027 Olive St in the city’s South Park area, is the site of a pl...
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• Live Nation Inks Lease for 33k sf of Space at Building Adjacent to Firm’s Existing Beverly Hills HQ
8/08/13
Global firm Live Nation Entertainment Inc just inked a new lease for 33.1k sf of office space at 9350 Civic Center Dr in Beverly Hills, adjacent to the firm’s existing 44.7k sf of space at 9348 Civic Center Dr. The available ...
Price: $4.99
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• Lee & Associates Opens Valuation and Consulting Services Office in Los Angeles
8/08/13
Lee & Associates Valuation and Consulting Services has opened a new office in Los Angeles, headed by Steve Henry, MAI, and Larry Johnson, both respected veterans within the appraisal industry. The company is the appraisal ser...
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• CIM Group Begins Work on Two Developments at Busy West Hollywood Intersection
8/07/13
CIM Group has begun demolition on two development sites at Sunset Blvd and La Cienega Blvd, marking the start of construction for its hotel development at 8490 Sunset Blvd and its residential development at 8500 Sunset Blvd. ...
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• MINI Land Buy has Big $7 Mil Price
8/06/13
A half-acre land parcel in Santa Monica was purchased in an off-market transaction for $7 mil as the site of a future MINI car dealership. The land parcel, which currently houses a gas station, is located at 1402 Santa Monica...
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• New 330k sf Ind Biz Park Planned for the San Gabriel Valley
8/06/13
We’ve learned about a new industrial project set to get underway later this year in the San Gabriel Valley, a region of the LA Basin that currently enjoys strong demand, a low vacancy rate of around 5% and very limited new su...
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• Investment Venture Purchases 154k sf Glendale Retail Center
8/06/13
Glendale Marketplace, a two-story, 154.2k sf open-air shopping center in Glendale, was acquired by a joint venture of Denver, Colorado-based Eagle Glenbrook LLC and CETTG Glendale LLC. The property, located at 146 S. Brand Bl...
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• Avison Young Acquires Torrance-Based R7 Real Estate Inc
8/05/13
Avison Young has acquired the assets of R7 Real Estate Inc, a Torrance-based real estate property management firm. The purchase further expands Avison Young’s business-line coverage in Los Angeles. The change in ownership add...
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• David P. Waite Named Chair at ULI Los Angeles
8/05/13
David P. Waite has been named Chair at ULI Los Angeles, a District Council of the Urban Land Institute (ULI). A Partner with the law firm Cox, Castle & Nicholson LLP, Waite assumes the chairmanship of the land-use organizati...
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• Barcelona-Based Skin Care Company Buys North Hollywood Office Property
8/05/13
A two-story, 9.9k sf office property in North Hollywood recently sold for $2.5 mil ($253/sf). The building, located at 11313 Weddington St, north of Magnolia Blvd between Tujunga Ave and Lankershim Blvd, was purchased by none...
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• 80-Unit Res Community in Northeast San Fernando Valley Sells for $16 Mil
8/02/13
Villa Vincennes Apartments, an 80-unit multifamily asset in the northeast San Fernando Valley, was purchased by a private investor for $16.2 mil, or just over $200k/unit. The property is located at 14611 Vincennes, at the no...
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• Maxxam Enterprises Concludes $56 Mil Refi on Several Downtown LA Assets
8/02/13
Maxxam Enterprises recently completed a staggered refinancing totaling $56 mil for several of its downtown Los Angeles real estate holdings. The properties involved included New Alley Plaza, Towne Center, Crocker Fashion Plaz...
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• Jamestown Closes $300 Mil Purchase of Lantana Office Campus in Santa Monica
8/01/13
By Allen Wolfsheimer Here’s an update on a major office buy on LA’s Westside that had been percolating for a while. Atlanta-based Jamestown has closed on its purchase of four of the five buildings that make up the Lantana of...
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• CIM Group to Enjoy The View
8/01/13
In an LA-area multifamily buy, CIM Group has acquired The View, a recently renovated, 168-unit high-rise apartment building in LA’s burgeoning Koreatown neighborhood. The property is located at 3460 West 7th St, south of Wil...
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• Funny Or Die Leases Space at New Office Building in West Hollywood
7/31/13
Funny Or Die, an award-winning comedy video website, has inked a lease for one and a half floors at Formosa South, a creative office building currently under construction by CIM Group at 1041 N. Formosa in West Hollywood. The...
Price: $4.99
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• Playa Vista Office Property Sold in $36 Mil Investment Buy
7/30/13
The property is located adjacent to the Playa Vista mixed-use development, which sits at the center of Los Angeles’ Creative Entertainment Corridor. The office building is approximately a mile south of downtown Venice and wit...
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